Coursera, Inc. (COUR) Q2 2026 Earnings Call

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WEBVTT 00:00:00.091 -- 00:00:05.313 Ladies and gentlemen, thank you for standing by and welcome to Coursera's second quarter 00:00:05.313 -- 00:00:10.395 2026 earnings call. All participants are in a listen-only mode and this 00:00:10.395 -- 00:00:15.317 call is being recorded. Following the prepared remarks, we will hold a question and answer 00:00:15.317 -- 00:00:20.359 session. To ask a question, please click the raise hand button and be prepared 00:00:20.359 -- 00:00:25.341 to unmute your line when prompted. I would now like to turn the call over to Cam Carey, 00:00:25.341 -- 00:00:30.477 Vice President of Investor Relations. Mr. Carey, you may begin. 00:00:30.477 -- 00:00:35.920 Good afternoon. Thank you for joining us for Coursera's Q2 2026 earnings conference call. 00:00:35.920 -- 00:00:41.042 Today, I'm joined by Greg Hart, our President and Chief Executive Officer, and Mike Foley, 00:00:41.042 -- 00:00:45.324 our Chief Financial Officer. Today's prepared remarks will also include brief comments 00:00:45.324 -- 00:00:50.506 from Andrew A., CEO of LearnVector and Chairman and Co-Founder of Coursera. 00:00:50.506 -- 00:00:54.775 Following the prepared remarks, we will open the call for questions with Greg and Mike. 00:00:54.775 -- 00:00:57.595 Thank you for joining us. 00:01:19.589 -- 00:01:23.812 Unless otherwise specified, all growth percentages refer to year-over-year change, and 00:01:23.812 -- 00:01:28.234 all financial results discussed today are presented on an as-reported basis. 00:01:28.234 -- 00:01:32.077 As-reported financial results include Udemy only for the period following the transaction 00:01:32.077 -- 00:01:37.340 close on May 11. References to normalized performance include Udemy's pre-closed results, 00:01:37.340 -- 00:01:41.522 as if the tr...